CAP 8.5!!!! Rare opportunity to acquire a fully stabilized neighborhood shopping center in one of Chicagoland’s most densely populated retail corridors. Strategically located just three blocks south of I-290 in the heart of Cicero’s Island neighborhood, this asset serves as a primary shopping destination with excellent visibility and accessibility. The property is fully occupied with a strong WALT of approximately 6 years as of June 1, 2026, offering immediate and predictable cash flow. Recent capital improvements include a new roof, new parking lot, and approximately half of HVAC units replaced, creating a truly low-maintenance investment opportunity. Benefiting from over 19,500 vehicles per day and a consumer base of more than 350,000 residents within a 3-mile radius, this asset combines stable in-place income, strong demographics, and long-term location fundamentals in a proven infill retail market.
Property Details
Price:
$2,820,000
MLS #:
MRD12646271
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
cicero
Listed Date:
May 12, 2026
Total Sq Ft:
10,451
Year Built:
1995
Schools
Interior
Cooling
Central Individual
Exterior
Stories
1
Financial
HOA Fee Frequency
Not Applicable
Tax Year
2025
Taxes
$71,913
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5633-5647 W Roosevelt Road
Cicero, IL



